Question : Business environment is a source of both _____________ and ______________.
Option 1: Resources, changes
Option 2: Changes, opportunities
Option 3: Changes, threats
Option 4: Opportunities, threats
Answer (1)
21st Jan, 2024
Correct Answer: Opportunities, threats
Solution :
An understanding and awareness of the business environment is a must for every businessman as ignorance about the business environment can lead to loss of business opportunities and businessmen would not be able to identify threats towards the business enterprise, which may result in failure of a business. So the business environment is the source of both opportunities as well as threats.
Hence, option 4 is the correct answer.
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